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The head of a leading New Brunswick business organization, whose members stand to gain millions in proposed provincial property tax cuts, expressed doubts about the provincial government’s new tax plan.

"I get concerned when there's benefits to places that haven't requested such a benefit," said Susan Holt, the chief executive officer of the New Brunswick Business Council.

Holt’s comments on Tuesday came as Finance Minister Blaine Higgs continued to remain silent on the topic despite repeated questions directed at him in the legislature.

The New Brunswick Business Council, a group that includes many of the largest recipients of the property tax cuts, including NB Power, J.D. Irving Ltd., Irving Oil Ltd., McCain Foods Ltd., and others, has not made any representation to the provincial government about property taxes being too high, Holt said.

Last week, Local Government Minister Bruce Fitch introduced a four-year plan to cut provincial property tax rates for business, rental, farm and cottage properties by an estimated $49 million.

Business rates are to be cut 15 per cent and although several thousand companies will benefit, a review of 2012 property tax assessments by CBC News showed the heaviest advantage would go to several large property owners.

'Sure, you save Costco $100,000 [in property taxes] and they reinvest $100,000 back here in New Brunswick? I don't think it plays out like that.'— Susan Holt, New Brunswick Business Council

NB Power will save $1.5 million alone on its property tax bill once the policy is fully implemented, followed by J.D. Irving Ltd. ($800,000) and the Potash Corp. of Saskatchewan ($600,000).

"It’s revenue we [New Brunswick] could have continued to collect," Holt said.

Last January, the province’s finance minister flatly dismissed property tax cuts as unaffordable. In the legislature on Tuesday, Opposition Leader Victor Boudreau, a former finance minister, repeatedly asked Higgs for his opinion on the issue.

"My question is for the minister of finance: What has changed so that the government can now allow these huge concessions," asked Boudreau in one of six straight questions to Higgs that were each intercepted by Fitch.

Local Government Minister Bruce Fitch said many smaller businesses will benefit from the property tax cut. (CBC)

"I know that the member opposite is reading a news story and that is where he is getting his information," replied Fitch who said the policy would help 16,000 businesses, not just large landowners, including several he listed from his own riding.